Entegris Inc (ENTG)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,981,100 | 4,577,140 | 5,632,930 | 937,027 | 1,085,780 |
| Total stockholders’ equity | US$ in thousands | 3,691,500 | 3,408,590 | 10,138,700 | 1,713,780 | 1,379,490 |
| Debt-to-equity ratio | 1.08 | 1.34 | 0.56 | 0.55 | 0.79 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,981,100K ÷ $3,691,500K
= 1.08
The debt-to-equity ratio of Entegris Inc has shown fluctuations over the years, indicating changes in the company's capital structure and financial leverage. As of December 31, 2020, the ratio stood at 0.79, reflecting a moderate level of debt relative to equity. However, by the end of 2021, the ratio decreased to 0.55, suggesting a lower reliance on debt financing compared to the previous year.
In 2022, the ratio remained relatively stable at 0.56, indicating a continued balanced mix of debt and equity in the company's funding sources. However, by the end of 2023, there was a significant increase in the ratio to 1.34, signaling a higher proportion of debt in relation to equity. This jump may imply increased financial risk or aggressive leveraging strategies during that period.
Subsequently, in 2024, the ratio declined to 1.08, although remaining elevated compared to the earlier years. This reduction could indicate efforts to deleverage or adjust the capital structure to a more optimal level. Overall, the trend in Entegris Inc's debt-to-equity ratio suggests fluctuations in the company's financial risk profile and capital management strategies over the analyzed period.
Peer comparison
Dec 31, 2024